Proof of Funds
Proof of funds (POF) shows that capital is available for earnest money, down payment, reserves, or project equity—depending on the transaction.
How RECR uses POF
- Confirm ability to close and carry a project
- Support reserve requirements on rental and commercial paths
- Demonstrate capacity when leverage is elevated
Acceptable forms vary by capital source. Typical examples include bank statements, brokerage statements, or lender letters—always subject to verification.